There aren’t any cable channels, so you’ll miss out on ESPN and some other sports and entertainment networks.

“ABC, NBC, CBS, FOX, PBS. It will not have any cable channels, with the exception of Bloomberg TV, which has partnered with us.”

But Kanojia says Aereo is for those who are used to watching shows on services like Netflix and Hulu; this brings ‘live’ to your laptop, tablet, or TV:

“There’s a whole new generation of people coming into the market that never really take the cable cord just because it’s so expensive. People have student loans, they got their first job, or they’re sharing an apartment, and nobody wants a $200 bill.”